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Director/PDMR Shareholding

5th Apr 2022 07:00

RNS Number : 2266H
TransGlobe Energy Corporation
04 April 2022
 

 

 

 

 

 

 

 

 

 

TRANSGLOBE ENERGY CORPORATION

 

PDMR DEALINGS

 

AIM & TSX: "TGL" & NASDAQ: "TGA"

 

Calgary, Alberta, April 4, 2022 - TransGlobe Energy Corporation ("TransGlobe" or the "Company") announces that on March 29, 2022; Mr. Geoff Probert, Chief Operating Officer, exercised 258,251 stock options under the Company's Stock Option Plan ("SOP"). In addition, on March 30, 2022; Mr. Randy Neely, President and Chief Executive Officer, exercised 430,428 stock options under the Company's SOP.

 

Name

Position

Status

SOP Options Exercised

Geoff Probert

Chief Operating Officer

PDMR

258,251

Randy Neely

President and Chief Executive Officer

PDMR

430,428

 

The shares issued are net of costs and taxes payable. A further announcement will be made once the tax analysis is complete and the resultant number of new shares to be issued are known.

 

This notification is made under article 19.1 of the Market Abuse Regulation ("MAR") and relates to options exercises by Persons Discharging Managerial Responsibilities ("PDMR") on March 29 and March 30, 2022 under the Company's SOP.

 

About TransGlobe

TransGlobe Energy Corporation is a cashflow focused oil and gas exploration and development company whose current activities are concentrated in the Arab Republic of Egypt and Canada. TransGlobe's common shares trade on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA.

 

For further information, please contact:

TransGlobe Energy Corporation

Randy Neely, President and CEO

Eddie Ok, CFO

+1 403 264 9888

[email protected]

http://www.trans-globe.com

or via Tailwind Associates

Tailwind Associates (Investor Relations)

Darren Engels

+1 403 618 8035

[email protected]

http://www.tailwindassociates.ca

Canaccord Genuity (Nomad & Joint-Broker)

Henry Fitzgerald-O'Connor

James Asensio

+44(0) 20 7523 8000

Shore Capital (Joint Broker)

Toby Gibbs

John More

+44(0) 20 7408 4090

 

 

 

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DSHSSFFWLEESELL

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